Form 4: United Bankshares Director Reports Changes in Beneficial Ownership

Director P. Clinton Winter reports changes in beneficial ownership of United Bankshares Inc/WV (UBSI) common stock and phantom stock.

Summary

• On May 5, 2025, Director P. Clinton Winter filed a Form 4 reporting changes in beneficial ownership of United Bankshares Inc/WV (UBSI).
• The report indicates direct ownership of 457,070 shares of common stock.
• It also shows indirect ownership of 36,800 shares through Bray & Oakley Insurance and 1,000 shares held by a spouse.
• The director also owns 51,730 shares of phantom stock.
• 74 shares of phantom stock were acquired at a price of $35.515.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Future Outlook

The phantom stock is payable in cash following the reporting person's termination of employment with UBSI.

Industry Context

Form 4 filings are a standard part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock.

Stakeholder Impact

• Shareholders are informed about the director's holdings and transactions in UBSI stock.

Key Dates

Keywords

beneficial ownership, Form 4, United Bankshares, UBSI, director, common stock, phantom stock, Winter